This statement is indeed very true. As long as we are alive, we never cease learning.
Education does not necessarily refer to the learning we acquired while we are at school. Even if we have finished a degree, we are still in the process of learning. It If you think that since you have finished a degree you have all the knowledge you need in Life. You are wrong. The schools, colleges and universities will only teach us how to make a living, but not how to make the most out of Life.
If you think that you should stop learning now because you are already well - equipped with all the training you need, then think again. As the times move past, everyday Life is giving us lessons but we are just too busy making a living that we do not take attention to it. In the end, we keep making that same mistakes over and over again. The hard part here is that in life, we are given the tests first and the lessons afterwards.
The mistakes you've made in the past or the good things you've done, the right and wrong decisions you've made will define who you are today. If we don't pay attention to the lessons our mistakes and wrong decisions in the past have given us, then we will continue to do those things. If we don't pay attention to the lessons the right decisions we've made in the past, then we don't have a guide to improve ourselves.
So, to improve ourselves, we need to reflect on all our everyday situations and take by heart the lessons it bring.